🔥 Tonight at 8:30 PM! US CPI data will ignite the market, and the battle between bulls and bears for BTC is imminent.



📌 Key Data Preview
• US February Unadjusted CPI Year-over-Year: Previous 2.40%, Expected 2.40%
• US February Seasonally Adjusted CPI Monthly: Previous 0.20%, Expected 0.30%
• US February Seasonally Adjusted Core CPI Monthly: Previous 0.30%, Expected 0.20%
💡 Impact of Data on the Crypto Market Logic

1. Inflation exceeds expectations: If the CPI year-over-year/monthly rate is higher than expected, it will reinforce the Fed’s stance to maintain high interest rates. The dollar will strengthen, risk assets will come under pressure, BTC is likely to dip in the short term, testing the 69,000 support level.

2. Inflation in line with expectations: Data consistent with market forecasts will ease rate hike fears, giving risk assets a breather. BTC may fluctuate and recover within the 69,300-70,000 range.

3. Inflation below expectations: If the core CPI drops significantly, it will solidify expectations of rate cuts. The dollar will weaken, funds will flow into the crypto market, and BTC could rebound strongly, breaking above the 71,000 resistance level.

#Gate蓝龙虾重磅上线
#伊朗在霍尔木兹海峡布设水雷
#原油价格回落
#Meta宣布收购Moltbook
BTC0,28%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 1
  • Repost
  • Share
Comment
0/400
KillEthereumvip
· 20h ago
What time does the air battle start?
View OriginalReply0
  • Pin